Industry WIKI

The Chip Authentication Program (CAP) is a MasterCard initiative and technical specification for using EMV banking smartcards for authenticating users and transactions in online and telephone banking. It was also adopted by Visa as Dynamic Passcode Authentication (DPA). The CAP specification defines a handheld device (CAP reader) with a smartcard slot, a numeric keypad, and a display cap

E-gold or eGold was a digital gold currency operated by Gold & Silver Reserve Inc. (G&SR) that allowed users to make payments, which it called "spends", in grams of gold, silver, and other precious metals. E-gold was launched in 1996 and grew to five million accounts by 2009, when transfers were suspended due to legal issues. At its peak in 2006, e-gold processed more than US$2 billion w

The Payment Card Industry Data Security Standard (PCI DSS) is a global data security standard that regulates how entities store, process, and transmit cardholder data (CHD) and/or sensitive authentication data (SAD). PCI DSS includes guidelines regarding components of organizations' technical and operational system that are related to such data. Cardholder Data refers to information inc

Point-of-sale malware (POS malware) is usually a type of malicious software (malware) that is used by cybercriminals to target point of sale (POS) and payment terminals with the intent to obtain credit card and debit card information, a card's track 1 or track 2 data and even the CVV code, by various man-in-the-middle attacks, that is the interception of the processing at the retail chec

Revel Systems is an iPad-based point of sale system co-founded by Lisa Falzone and Christopher Ciabarra. In June 2024, it was announced that the company was acquired by Shift4.

A transaction authentication number (TAN) is used by some online banking services as a form of single use one-time passwords (OTPs) to authorize financial transactions. TANs are a second layer of security above and beyond the traditional single-password authentication.